Sub-national budgets under the financial crisis conditions
The current financial crisis has considerably decreased the revenue of sub-national governments. The author suggests that the amount of sub-national income can be increased provided that regions do not introduce any extra income tax allocation rate, land-tax allowance is subject to the priorities of the infrastructure development, the inventory of taxable real estate is taken. Besides, the author analyses the revenue of Tomsk for the first quarter of 2009.
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Keywords
financial crisis, sub-national revenue, local budgets, финансовый кризис, доходная часть бюджета, местные бюджетыAuthors
Name | Organization | |
Kazakov Vladimir V | Tomsk State University | prorektorsv@mail.ru |
Yartseva Irina Y | Department of Finances, Administration of Tomsk | yarceva@fin.admin.tomsk.ru |
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